India’s startup ecosystem has been graced with the presence of a prolific high-networth individual in the form of Ratan Tata, the chairman emeritus of Tata Sons. But, the industrialist-turned-angel investor had been away from the scene due to ongoing executive challenges being faced by his $103 billion conglomerate. He is, however, now ready to return back to his usual investment activities this very month.
Talking about his journey as an investor, Ratan Tata said,
When I retired in 2012, I hit upon investing and interacting with startups as a new phase. I left the big business behind. I became excited by the innovation, passion. It stimulated me.
The last five months have put me forcibly in the older world. I long to be back in the startup community with a vigour. As of 23 February I’m back.
For the last five months, Tata has been investing all his time to handle challenges being faced due to Cyrus Mistry’s exit from Tata Sons. The company board first moved him from the position of Chairman and appointed his as the Director. But in October 2016, Mistry was removed…